Turkish defense and aerospace industry has boosted its exports to the USA

The Turkish defense and aerospace industry has boosted its exports to the United States, where the possibility of gun restrictions has doubled sales of the weapons reports Hurriyet.The U.S. has become the top market for Turkish arms and industrial goods as Turkey’s exports in...

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Turkish defense and aerospace industry has boosted its exports to the USA



Balkans.com Business News Correspondent - 11.03.2013

The Turkish defense and aerospace industry has boosted its exports to the United States, where the possibility of gun restrictions has doubled sales of the weapons reports Hurriyet.
The U.S. has become the top market for Turkish arms and industrial goods as Turkey’s exports in January and February increased by 5.6 percent compared to the same period last year.
The potential gun control measures, projected to be adopted in the U.S. and backed by President Barack Obama, have led to a surge in the demand for firearms. 
Following the elementary school shooting in Connecticut that saw 20 children and six adults shot and killed, President Obama has delivered a plan for tightening the control of firearms in the U.S.The number of FBI background checks required for Americans buying guns had set a record in December, indicating that more people may purchase one after the prompted renewed talks of limits on firearms, according to FBI data reported by Reuters.
The FBI said it recorded 2.78 million background checks during the month, surpassing the mark set in November of 2.01 million checks - about a 39 percent rise.
The surging market demand in the U.S. comes at a time when Turkey is redoubling its efforts to increase defense and aerospace exports abroad.
“Turkey could easily achieve its $25 billion arms trade target by 2023, with five or six Turkish companies ranking among the top 100 arms companies,” said Aral Aliş, chairman of the Union of Defense and Aerospace Industry Exporters (SSI) on the occasion of the “IWA Hunting and Sporting Arms Fair” held in the German city of Nuremberg. 


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